Tax question on a joint account? Who should file it?

[Estroil 4.8is]

My fiance and I have a joint account, for our wedding, and now that tax season is rolling around who should clam it. I make more ca$h then she does. So will this extra income effect the me or her negatively or positively? Who should clam it. Right now we both file Zero. Any help would be great!

[motordavid]

No CPA here, but if you and your
"to-be" CEO are not legally married
as of Dec 31, 2006, then you don't
have a "joint account" of any kind in
the eyes of the IRS.

If both of you have gleaned some interest
from the account, you will/should both
recieve an interest income statement that
you both need to claim and attach to your
2006 Fed/state tax report filing.

[Estroil 4.8is]

Ok on the 1099-int form from the bank it shows the Taxpayer Idenification number as my S. S. number. I take it that means I'm the primary. And she can't clam. But her name is on the account if, I mean when, she needs to withdraw funds, correct.

[AutoXer]

If the 1099 shows your name and TIN, then you need to file it. Upon audit, that's what IRS will go by.

[laborlitigator]

Don't mess around with that. It's under your SS. You have to file it.

[GUINNESS]

Like everyone said, if it's your SSN, you're the primary, YOU file it.